It is extremelly close to all the main sites on foot- to the temples, to a big park with outdoor gym, to many reataurants (we particulary liked the ones along the small canal, which is nearby). Living room very comfortable.
The host's restaurant downstairs seemed like a pro from the beggining, but is quite overpriced for what you get, so we ended up eating there just once.
The biggest issue was with the noise. The room facing the street is really loud- you very likely need to use earplugs. In the other room there is an AC, which is also quite loud, so for a good sleep you probably need to use earplugs as well- even not so sensitive people.